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PM s net interest expenses have increased rapidly over FY22-24 mainly due to the USD16bn acquisition of Swedish Match and USD2.7bn payment to MO for obtaining the exclusive right to commercialise IQOS in the U.S

However, as of June 2024, OHPs spreadsheet that it uses to track the status of invoices for this agreement indicated that the OHP had, in fact, rejected the same contractors most recent invoice for a similar amount of about $140,000 for fiscal year 202324 because of missing deliverables, such as progress reports

How smoking affects your body and health Exposure to the products of tobacco combustion and nicotine from past and current smoking, second-hand and third-hand smoke, and exposure in-utero has detrimental effects across the lifespan

Sources and Further Reading Canadian Life and Health Insurance Association (CLHIA) A trusted source for understanding life insurance trends, regulations, and industry updates in Canada
